I hadn't really considered buying houses that need a lot of work because I have no experience with hiring contractors for large projects, but that might be the only way to get a cash flowing property here right now.

Also, for the experienced BRRRR folks out there, are you holding true to the 50% Rule on Cash Flow on each project? 

This involves assessing the investor’s financial situation, investment strategy, and the specific projects they wish to undertake.

It's essentially a business plan with a sample deal that portrayed the projected returns for my investors.Thanks, Mark!

People were chasing industrial workers on the LNG projects in 2020 and paying outrageous rates for rental housing. 

I feel like every project has its curveballs, and sometimes it’s the unexpected stuff that teaches us the most.

However, here are a few options:Private Lenders or Hard Money Loans: These don’t require traditional documentation like a W2 and are often used for fix-and-flip projects.

What are the best strategies you’ve used to minimize this risk and keep projects on track? 

Commercial: LOIs signed to lease 50% of the vacant space and project to lease the remainder by Mar-25.

I'm a licenced Broker and I also handle project management for flippers, contractors, etc.FEMA 50% Rule: ALL of the homes that exist in a Flood Zone have a 50% limit on work that can be done to repair them without bringing them into compliance with current flood standards.